Tag: government
-
Germany tears down wind farm to expand coal mine because the dummkopfs shut down their nuclear plants
Gotta love the supreme stupidity of green dreams. Of course, they blame Russia, Russia, Russia. What a bunch of morons. German energy company RWE has begun dismantling a small wind farm to make way for the expansion of an adjacent lignite coal mine, a move the company willingly acknowledges as “paradoxical”. RWE has already dismantled…
-
Equitable grading will make students equally stupid
Equity is not compatible with a free society. Equity is equality of result. That means no matter how smart or ambitious you are you can never be better than anyone else because it wouldn’t be equitable. This will create a society of pure apathy. Why try harder than the guy next to you when the…
-
The empire is crumbling from the inside. We’re ripe for conquering.
At the risk of repeating myself about the demise of the nation and perhaps western civilization, here’s another post about our rapid demise. An article in The Free Press today highlights things I’ve been talking about with my family for a long time. Young people are trained in school to hate the United States. If…
-
Companies save 40% on labor costs by outsourcing overseas
This isn’t news. When will people in the United States realize the multitudinous layers of government and government regulations hinder American businesses ability to hire American employees. The question is rhetorical. The idea came to Johnny Taylor Jr. early last year, after one of his employees made a case that her technology position could be done…
-
Government regulation of banks resulted in larger disasters
Since the creation of the modern banking regulatory apparatus the losses, as a percentage of GDP, have grown from 1% in 1913 to 7% in 2009. The safer the government tried to make banking the greater the risks people and businesses took. This resulted in larger failures and losses. “It is scarcely to be expected…that…
-
Safeguard your wallet… President Biden says the banking system is safe.
I would feel better if he would have never given a speech. In hindsight the collapse of SVB is simple. They were under water in government treasuries. When the Fed raised interest rates the bonds they held became worth less than the amount they could sell them. They didn’t have the liquidity to handle the…